LONDON – Favourable government initiatives for economic diversification in Saudi Arabia spurs the infrastructure development. However, the infrastructure development, in its turn, causes a range of serious threats from the terrorism, which is gaining momentum in the Middle East. Presently, the video surveillance segment accounts for the lion’s share of the total electronic security market revenues in Saudi Arabia. It is followed by access control systems and intrusion detection systems segments.

Frequent terrorist attacks, rising security concerns, enhancing spending on security and IT together with strong demand for advanced security systems and devices are predicted to be the key drivers of the Saudi Arabian electronic security market growth in the upcoming years. The electronic security market in Saudi Arabia is anticipated to grow at a swift pace, posting a 14.4% CAGR through 2021.

Topical market research report “Saudi Arabia Electronic Security Market (2015-2021)” prepared by 6Wresearch offers an all-encompassing analysis of the electronic security market in Saudi Arabia, paying special attention to the market segmentation (by type, components, verticals and regions). The report is an unrivalled source of data on the market performance historical, present and forecast. The study provides a review of the forthcoming trends, highlights possible future prospects and pinpoints opportunities of the market through 2021. Moreover, the report sheds light on the key market drivers as well as restrains and challenges. The report presents valuable information for companies that are currently active in the market and also for new participants planning to enter the market. Competitive landscape of the market is thoroughly discussed here along with profiles of 10 major market players.